Indiana University
X420 SCOOP Session Presentation
Baxter International Inc.
Making a Meaningful Difference
in Healthcare
Jim Bleakley
January 25, 2005
Presenter BioSketch
Jim Bleakley
 BA Psychology – University of
Michigan
 Masters in Human Resources –
Michigan State University
 2 ½ years in Baxter’s HR
Development Program
 2 ½ years as an HR Generalist
with Corporate Finance
 6 months managing Baxter’s
Global Financial Development
Program (FDP)
Presentation Outline
•Company Overview
•Financial Development Program (FDP)
Overview
•Career Opportunities
•Questions
Baxter International Inc.
At Baxter, one of our primary goals is to advance the best in
healthcare worldwide.
Every day, our products and services help treat thousands of
people around the world with some of the most complex
conditions — from hemophilia to cancer and immune disorders
to kidney disease.
Baxter’s Vision and Mission
Our Vision
To be the global leader in providing critical therapies for people with
life-threatening diseases.
Our Mission
To apply our expertise in medical devices, pharmaceuticals and
biotechnology to make a meaningful difference in patients’ lives.
Climbing to New Heights
When Baxter PD patients travel, Baxter can arrange
to deliver their solutions wherever they happen to
be. In one extraordinary case, U.K. patient Tony
Ward wanted to draw attention to the benefits of PD
by performing the therapy during a three-day climb
to the top of Europe’s highest mountain, Mont Blanc.
Baxter arranged for his solutions to be delivered by
helicopter to mountain huts along the way.
A year later, Ward bicycled more than 1,000 miles
across Great Britain, this time accompanied by a
van carrying his Baxter HOMECHOICE automated
PD machine, which he used to perform dialysis
overnight.
Company Snapshot
 Over 70 years of market leadership
driven by a well-recognized global
brand
 $8.9 billion global market leader
 Over 50% of sales and earnings
outside the United States
 Approximately 70% of sales from
products with leading market positions
 Approximately 50,000 employees around the world in more than
250 facilities and 27 countries
Baxter’s Business Portfolio
 Well-recognized global brand that drives market leadership
 Balanced, global portfolio
 Focus on essential therapies for life-threatening conditions
 Leveraging capabilities across businesses to provide high quality,
cost-effective products and services
BioScience
Medication
Delivery
Renal
Financial Development Program
 A rotational program aimed at bringing
strong talent into Baxter, developing,
then deploying that talent into the
organization as a foundational building
block to Baxter’s future success
Financial Development Program
 Four rotations, approximately nine months each
 Functional skills are developed through technical training and onthe-job training in different finance disciplines
 Both domestic and international rotational assignments are
available. Approximately 25% of the rotations are international:
 Europe: Belgium, Ireland and Switzerland.
 Asia / Other: Canada and Australia
 US: Northern Illinois, California and various plant &
satellite offices scattered through the States
FDP Training
 Associates have the opportunity to complete 7 modules of
training throughout their tenure, each lasting 2 to 3 days
 Training is focused on providing an in-depth Baxter perspective
on various Accounting/Finance and business related concepts
 The modules are:
• Orientation/Financial Systems
• Reporting & Analysis
• Supply Chain and Manufacturing
• Planning
• Audit and Consolidations
• Tax and Treasury
• Business Development
Typical Rotations
 Financial Planning and Analysis
 Corporate Audit
 International Finance
 Corporate Tax
 Financial Information Systems
 Manufacturing Finance
 Financial Reporting
Life After the FDP: Graduates
Others:
Reta Hall (1996)
Dir, Planning &
Reporting, Europe
Araseli Barriga (1997)
Talha Ashraf
FDP Grad June 1999
Henrik Wahlberg
FDP Grad Nov 2003
Sr. Finance Mgr
BioScience
North America
Sr. Business Analyst
BioScience Europe
Switzerland
Sr. Mgr, Treasury
Amber Doster (2002)
Sr. Mgr, Finance
FDP Candidate Profile
 Accounting or Finance undergraduate
major
 15 hours of accounting coursework
 Record of academic excellence
 Strong communication, critical thinking
and interpersonal skills
 Teachability and flexibility
 Team player
 Willing to relocate for rotations
Recruitment Timeline
Internships
 SCOOP
January 25
 Roundtables
January 25
 First round interviews
February 17
 Second round interviews
February 18
Full-time
 First round interviews
February 17
 Second round interviews
February 18
Making a Meaningful Difference